Median real estate price in the Town Center of Old Town is $94,950, which is less expensive than 97.7% of Florida neighborhoods and 95.1% of all U.S. neighborhoods.
The average rental price in Old Town Town Center is currently $826, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.8% of Florida neighborhoods.
Old Town Town Center is a rural neighborhood (based on population density) located in Old Town, Florida.
Real estate in the Town Center of Old Town, FL is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) mobile homes and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Old Town Town Center. The current real estate vacancy rate here is 19.8%. This is higher than the rate of vacancies in 86.5% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (12.9%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Old Town, the Town Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Old Town Town Center neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 64.3% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 99.7% of the neighborhoods in the U.S. If you like mobile homes, this might be a great neighborhood in which to look for real estate.
NeighborhoodScout's exclusive research revealed that 95.1% of the adult residents in the Old Town Town Center neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.3% of the neighborhoods in America.
The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Old Town Town Center neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 14.7% of its workforce, this neighborhood has a greater concentration of government workers than 96.9% of U.S. neighborhoods.
Did you know that the Old Town Town Center neighborhood has more Finnish and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.4% of this neighborhood's residents have Finnish ancestry and 1.9% have Canadian ancestry.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. More residents of the Old Town Town Center neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.8% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Town Center neighborhood in Old Town are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 88.4% of U.S. neighborhoods. With 21.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.3% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Old Town Town Center neighborhood, 36.8% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 28.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.1%), and 14.7% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Old Town Town Center neighborhood is English, spoken by 99.3% of households. Some people also speak Italian (4.9%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Town Center neighborhood in Old Town, FL, residents most commonly identify their ethnicity or ancestry as Irish (10.9%). There are also a number of people of English ancestry (5.8%), and residents who report Finnish roots (4.4%), and some of the residents are also of German ancestry (4.2%), along with some Italian ancestry residents (2.5%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Old Town Town Center neighborhood spend between 15 and 30 minutes commuting one-way to work (47.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (88.4%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (11.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.